CNSP vs GBTG: Correlation
How closely do CNS Pharmaceuticals, Inc. (CNSP) and Global Business Travel Group, Inc. (GBTG) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNSP and GBTG?
Over the past 3 years, CNSP and GBTG moved with a correlation of 0.53, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.86 versus 0.53 over 3 years. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 5098.8 %².
In CNSP's tracked universe of 18 assets, GBTG sits right near the top at #3. Correlation aside, the last 12 months split them widely, with GBTG ahead by 27.1 points (-12.3% versus +14.8%). Risk is not evenly split, since CNSP carries 3.8 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CNSP vs GBTG: side by side
| CNSP (CNS Pharmaceuticals, Inc.) | GBTG (Global Business Travel Group, Inc.) | |
|---|---|---|
| 1-year return | -12.3% | +14.8% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 191.6% | 50.5% |
| Beta vs S&P 500 | 2.85 | 1.39 |
| Max drawdown (3Y) | -100.0% | -48.0% |
| Market cap | – | $4.9B |
| P/E (trailing) | – | 59.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNSP | GBTG |
|---|---|---|
| 2022 | -88.6% | – |
| 2023 | -47.1% | -4.4% |
| 2024 | -99.8% | +43.9% |
| 2025 | -92.7% | -17.6% |
| 2026 | +5.1% | +23.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNSP and GBTG good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CNSP and GBTG?
The CNSP/GBTG correlation stands at 0.53 on a 3-year window (1 year: 0.86, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is GBTG a good diversifier for CNSP?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 mean?
A reading of 0.53 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cnsp-vs-gbtg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cnsp-vs-gbtg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CNSP correlations · GBTG correlations
